Interest Rate Hikes?

[vdubbs]

Are the CD rates at the central bank poised for a rise?

[ExtremeR]

Nop, in the contrary it is heading a downward way so if you plan to invest some money in the CD better do it now before it gets more low.

[Eddy]

Originally Posted by ExtremeR

Nop, in the contrary it is heading a downward way so if you plan to invest some money in the CD better do it now before it gets more low.

Banco del Progresso went from 12.5 to 5% inside of 60 days. Mortgages at 16%. Yet the peso/US$ is holding. Really weird.

[ExtremeR]

Originally Posted by Eddy

Banco del Progresso went from 12.5 to 5% inside of 60 days. Mortgages at 16%. Yet the peso/US$ is holding. Really weird.

I know, that's why I say that Valdez Albizu have been doing magic these last 5 years in front of the CB, a really great group of people is running that organism.

[bryan1258]

Yup.........going to Beijing.